There are a lots of yield farming pools which are very profitable and the interest rate is quite high. What amount of interest could a person gets if he yield he’s money on it?
Hey, I believe you are referring to yield farming with our Real Estate Tokens (RET) and USDC. For that you would receive rewards in our governance token,
KNIGHT. We are targeting an APY of ~20% for yield farmers and we believe this is a very lucrative and competitive APY. We believe in ensuring sustainable yield and this would entail a sustainable price and sustainable APY. If your underlying yield farming token freefalls in price even though APY is high, you are likely to be at a net loss. Similarly, if your yield farming token is stable/appreciates in price but APY is freefalling, you are likely to also be at a net loss.
At CitaDAO, Real Estate Tokens will have a fairly stable price that appreciates in the long term and our yield farms will have an APY that can sustain over a long period. Thank you for the question!